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5% of 1,000,000 gives you the $50,000 forever. 5% should be very very safe as far as not running out of money regardles of what the market does or how long you live. Assume 2 to 3% in dividends and interest and the balance comes from selling securities. Each year you can take 5% of your total investments. This covers inflation. Your investments should be able to earn 9 or 10% with a minimal risk factor. You will probably be able to exceed the 5% if need be. How much less that 1,000,000 you will need depends on life expectancy, return on investments, risk etc. Based on you brief question the $1,000,000 whould be the most you need.
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